Amino Acid Market Growth, Segmentation, and Industry Outlook

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Amino Acid Market Size, Share & Trends Analysis Report By Application (Pharmaceutical Use {Valine, Leucine, Isoleucine, Lysine, Threonine, Phenylalanine, Methionine, Histidine, Tryptophan, Glutamine, Aspartate, Glutamate, Arginine, Alanine, Proline, Cysteine, Asparagine, Serine, Glycine, Tyrosine, Ornithine, Hydroxyproline, L-Ornithine-L-Aspartate, L-Lysine Acetate}, Cell Culture Medium (Valine, Leucine, Isoleucine, Lysine, Threonine, Phenylalanine, Methionine, Histidine, Tryptophan, Glutamine, Aspartate, Glutamate, Arginine, Alanine, Proline, Cysteine, Asparagine, Serine, Glycine, Tyrosine, Ornithine, Hydroxyproline, L-Ornithine-L-Aspartate, L-Lysine Acetate}), Region, Market Outlook And Industry Analysis 2031"

The global Amino Acid market is estimated to reach over USD 4.30 billion by 2031, exhibiting a CAGR of 6.30% during the forecast period.

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Growing public awareness of the significance of a healthy lifestyle and disease prevalence has increased the demand for pharmaceutical products, accelerating the sector's expansion. This is expected to positively impact the inclusion of amino acids in pharmaceutical items over the forecast period. They are necessary for vital biological functions such as hormone and neurotransmitter synthesis. The optimum strategy is determined by existing technology, raw material costs, market considerations, the expense of maintaining fermentation vs. synthetic chemistry, and the method's environmental impact. They are created using a variety of biotechnology-based technologies.

Many resources are required for biotechnology-based production, yet it is vital for amino acid production. The high competition among existing market players poses a significant challenge for new players wishing to enter the market, as several players are offering high-quality amino acid products to various end-users, such as food and beverage manufacturers, the pharmaceutical industry and others. Furthermore, some local companies and small-scale manufacturers sell low-quality or counterfeit products at lower prices, hurting the global amino acids industry. Furthermore, expanding the number of producers offering a diverse range of amino acids for various purposes would create stiff rivalry for the market's other participants.

List of Prominent Players in the Amino Acid Market:
• Kyowa Hakko Bio
• Ajinomoto
• Evonik
• AMINO GmbH
• Merck KGaA
• Jirong

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Market Dynamics:
Drivers-
The primary factor driving the development of the Amino Acids Market is the rising consumption of amino acids due to increased consumer awareness. We are assisting in the expansion of the Amino Acids Market. People demand healthier foods and supplements as they grow more health-conscious and want healthier lifestyles. Furthermore, the availability of nutritious prepared meals and numerous beverage options incorporating amino acid sources propels the Amino Acids Market forward. Furthermore, the need for products with unmodified nutritional value, such as minerals and calcium, has resulted in a wide range of products being accessible in the market, supporting the expansion of the Amino Acids Market.

Challenges:
The rising processing and shipping costs of agricultural goods will likely result in a raw material shortage, limiting the expansion of the worldwide amino acid market. Rising raw material prices, such as corn, soybeans, and wheat, will challenge market participants. High raw material prices and decreased livestock production are key challenges for amino acid market participants. Amino acid prices have risen significantly in recent years due to raw material scarcity. The growing worldwide population and rising income levels are predicted to boost demand for grains and oilseed goods, resulting in a further shortage of raw materials for amino acid manufacturing and impeding market expansion.

Regional Trends:
The Asia Pacific, Amino Acid market, is expected to record a significant market share in revenue and is projected to grow at a high CAGR shortly. The Asia-Pacific region's growth can be ascribed to higher consumer spending, increased acceptance of a healthy lifestyle, and the rise of end-user sectors such as nutraceuticals, pharmaceuticals, personal care, and cosmetics. Increased production of amino acids in the region and increased feed additives exports from crucial nations such as China and Japan are expected to contribute to market expansion. Amino acids are largely used to treat liver and cardiovascular diseases and prevent muscular fatigue and breakdown. Furthermore, the presence of young people in emerging economies such as China and India has resulted in a strong need for amino acids. The need for amino acids in China will rise as pork consumption grows.

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Recent Developments:
• In February 2023, Vireo chose Plattsmouth as the location for America's first factory dedicated to producing amino acids. Vireo Systems, located immediately west of US Highway 75 in southwest Plattsmouth, inaugurated the first US-based creatine synthesis factory.
• In February 2023, Liaoning Haisco Pharmaceutical, a subsidiary of Haisco Pharmaceutical Group, received information that their compound amino acid injection had passed the consistency review of China's National Medical Products Administration.

Segmentation of Amino Acid Market-
By Application-
• Pharmaceutical Use
o Valine
o Leucine
o Isoleucine
o Lysine
o Threonine
o Phenylalanine
o Methionine
o Histidine
o Tryptophan
o Glutamine
o Aspartate
o Glutamate
o Arginine
o Alanine
o Proline
o Cysteine
o Asparagine
o Serine
o Glycine
o Tyrosine
o Ornithine
o Hydroxyproline
o L-Ornithine-L-Aspartate
o L-Lysine Acetate
• Cell Culture Medium
o Valine
o Leucine
o Isoleucine
o Lysine
o Threonine
o Phenylalanine
o Methionine
o Histidine
o Tryptophan
o Glutamine
o Aspartate
o Glutamate
o Arginine
o Alanine
o Proline
o Cysteine
o Asparagine
o Serine
o Glycine
o Tyrosine
o Ornithine
o Hydroxyproline
o L-Ornithine-L-Aspartate
o L-Lysine Acetate
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa

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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

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This release was published on openPR.